Evraz group lost Tagilbank

Miraculously not dead in previous years, Tagilbank was finally deprived of the license of the CBR. In the coming months, the size of the financial hole will be known for this credit organization, which was created by the structures of the Evraz group of Roman Abramovich and Alexander Abramov.

As previously reported, "Ural", 2.1% stake in Tagilbank worth 4.4 million rubles. were out of the legal field after the liquidation of one of the shareholders, affiliated with NPK Uralvagonzavod (UVZ, is a member of Rostekh). In September last year, as part of the trial, it became known that the corporation expressed its intention to issue shares on its balance sheet.

Market experts were not surprised to learn about the revocation of the license from Tagilbank. "His condition worsened steadily from year to year. The bank is in chronic losses, its return on equity has fallen, although it has improved slightly in recent months, "Finam analyst Alexei Korenev points out. At the end of 2017, profitability was -14%, in May this year - 11.4%. The return on assets, although reduced from -3% to -2.2%, remained "extremely bad". "In the latter, the share of overdue loans has grown strongly: from 7% in 2015 to 12.5% ​​- in this. The loss in the last year amounted to 43 million rubles. "- draws attention to Mr. Korenev.

"It is truly surprising to me that Tagilbank survived to this day, as it received losses in the region of 4 million rubles. monthly. Figuratively speaking, it would have been more merciful to shoot him than to allow him to continue his activities, "said independent analyst Vitaly Kalugin. At the same time, Mr. Kalugin doubts that the bank was a malicious offender. "He quietly died himself, in his bed, unable to withstand competition from the point of view of his size and management. No one will cry about this, "the expert believes. At the same time, he expressed confidence that most of the deposits of Tagilbank will be covered by DIA insurance, as larger amounts "were kept by especially trusted people who had already closed these deposits at the right time."